$735,000 - 10 Locarno Avenue, Hamilton
Multi-Family for Sale in Hamilton
71 days on market- MLS Number
- X12970000
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 71
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- ROYAL LEPAGE TERREQUITY PLATINUM REALTY
Enjoy the Spring, Summer, and everything this Beach area home has to offer on quiet Locarno Avenue, just steps from the Shoreline. Welcome home to this delightful 3-bedroom, 2-bathroom residence located just seconds from the beach in one of Hamilton's most desirable lakeside communities. Nestled on quiet, low-traffic Locarno Avenue, this property offers the perfect blend of comfort, character, and coastal living. Inside, you'll find a warm and inviting layout featuring beautiful hardwood floors and a cozy ambiance ideal for both everyday living and entertaining. The full kitchen offers a gas range for those who love to cook! Walk out from the dining area to the spacious back deck, already wired for a hot tub, which is perfect for morning coffee, summer gatherings, or simply relaxing in the sun. From the living area, step out into an enclosed porch and walk out to a large front deck, recently refreshed like new! The unfinished basement provides ample storage and exciting potential for future development. With three sump pumps and professionally installed waterproofing (complete with a warranty), the lower level is ready for whatever you envision. This is more than just a home; it's a lifestyle. Enjoy serene lakeside walks, vibrant community spirit, and the relaxed pace of beach living, all from your doorstep.
Estimate your monthly payments for this property
Estimated Payment
$3,770.93/mo
Includes CMHC insurance ($20,507)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Hamilton
Hamilton is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Hamilton
- •Convenient location in Hamilton
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Hamilton offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
10 Locarno Avenue, Hamilton
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $668/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 71 days on site, this property has exceeded the typical selling timeline for Hamilton. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Investment Perspective
Looking at this as an investment: Hamilton properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,063 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.